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CNBC
Feb 27, 2014 9:00am EST
're right, there are issues out there. i think it's more about deficit spending where they'll try to earn -- try to get janet yellen to see how far she'll go politically. greenspan a little bit more of a political animal. ben bernanke saying we'll not weigh in on that stuff and we don't know where janet yellen comes down, and saying do you know what, you need to bring down the deficits, how you do it is your problem. >> it raises questions about unemployment. that's the sticking point. that's what investors and traders want to hear from her, the whole issue of forward guidance. if you were still there, what would you recommend? how would you switch policy to get away from the 6 1/2 percent unemployment threshold? >> they've been burned. no other way to put it they've been burned on the 6.5% marker, whatever you want to call it, threshold and they'll back away from that. i would think that janet yellen would want to make maximum use of what will be a honeymoon period. i don't think that anybody is going to be going really after her hard. it's too early to do that. and there's nothing reall
CNBC
Feb 28, 2014 9:00am EST
that is buried and driving me crazy which is the decline in the deficit. nobody wants to hear anything about it, because it went from the trillions and you know the president could say we have cut spending here, and maybe because of the gridlock, but there is not a lot of supply of bonds. how about saying that. >> well, there is a decline in the deficit, but i don't know how much of that s is due to th proceeds of fannie mae and freddie mac. >> and the fdic had a good trade in there. good trading by them. >> and we have not talked about it often enough, but we have talked about the lawsuit initiate initiated by perry and berkowitz and ackman owning the common which is up sharply, but they are way past paying them back. and the president -- >> and the president has said that the common -- >> and the third amendment is all in place meaning that all of the profits are e sweeping to the government helping the e deficit. >> it is a windfall due to the rising pricing in housing, but the president said that the common should go to the treasury and he made that statement, and the fdic knew that the pre
CNBC
Mar 4, 2014 6:00am EST
term on trying to boost job growth. over the ten-year window you will see steadily declining deficits. at the end the period i think you'll see a declining debt-to-gdp ratio. that's the right trajectory. >> yesterday we had warren buffett on the program. he said he thinks the proposal would be to boost the earned income tax credit even more, expand that in a bigger way. that's a way to boost wages for people that are working without looking at job losses by raising the minimum wage. how about offering it to a wider variety of people and taking the minimum wage proposal off the table? >> these things are not mutually exclusive. there's no reason you can't work at both ends here. >> is it something you would offer if you did a broad -- not what you're talking about right now, but boosting the income tax credit in a big way, offering it across the aisle as a way of finding compromise, in instead of looking at one from another. i think that would be something republicans would take on heartily. >> we're willing to consider any ideas republicans put on the table. the president is putting t
CNBC
Feb 25, 2014 7:00pm EST
spending. we've gone from deficits to surpluses. we're growing jobs, growing our economy. we're providing once again sources of energy from whatever source it might be, depending upon which state you're in. we're proving these things do work. but we also told him the time it takes to get permits, we would like to have offshore drilling. we would like to have more cooperation from the epa and different federal regulatory entities that take so long to get through. those things are holding jobs back. of course, he has a different philosophy, that the more government spends, the more it will help the economy, which we believe differently. we believe you let people keep more of their hard earned money they're going to spend it back in the economy and create jobs and businesses. >> congress at budget office, nonpartisan, has come out with a study in the last week or so that says basically obamacare is going to cost up to 2.5 million jobs, lost jobs from obamacare, and about 1 million lost jobs in the minimum wage. question, if you know -- if you knew as governor, if your budget bureau told you
CNBC
Mar 3, 2014 12:00pm EST
deficit and they've got no money and running out of foreign currency as well. we're seeing global impact on the markets, risk-off day. russia in particular is getting hammered. their currency, stock markets, bonds, et cetera, trying to defend the interest rates by raising by 1.5%. and the commodity markets are moving. a help to russia the price of oil is up sharply today and they are one of the biggest producers of oil and they need a high oil price to keep their budget balanced. additionally we're seeing the price of grain rise sharply today because ukraine with the second largest producer of grain in the world. and if we see some kind of curtailment with the courts there, there could be an issue there though we're told that hasn't happened yet. scott, back to you. >> do you get a sense, michelle, from those that you're speaking with who sense opportunity in some of this turmoil? we talked about sovereigns, whep you were in sochi, i believe. you have to believe some investors looking at turmoil as opportunity. >> we know people who bought during the bloodshed when the protesters were dy
CNBC
Mar 5, 2014 5:00pm EST
so much because we've had a deficit in the market. you've had strikes in south africa. but russia is also the largest supplier of palladium, with 41% of the market. people are concerned that you're going to have at least some economic sanctions against russia. and you may not be able to get all of the palladium out. >> is most of the climb in the past few days? >> it was climbing before that. the past few days were fairly steep, though. >> and cars, really? >> the converters and what not. >> it's to play the bining, swc. it's a u.s. company. they contract out the palladium. but there is palladium in the u.s. if you look at it's had a great move. but stillwater mining. it looks like -- >> you're bearish gm. there's enough of a shortage here that that offsets. >> right. it's not like gm is going to go out of business. >> how can they do that? >> exactly. >> all right. we broadcast here out of the nasdaq market site. and today, nasdaq announced a new effort focusing on private companies. the private market is designed to help private companies to connect with buyers. joining us is br
Bloomberg
Mar 4, 2014 8:00am EST
to go into deficit as well. russia is ofat to course oil prices. the government spends about 25% of gdp and to keep the budget in balance, capital economics needs 100 $10rice of about per barrel. they are able to get that just barely but as american fracking increases the amount of supply in the world, their chances of getting that are going down. a rush road ahead -- rough road at thisr the economy point. >> if it is such a rough road and all the weakness, why is he risking this? pretend to want to tell you what he is thinking, but maybe it is short-term here. compared to where the u.s. is. russia has a large amount of foreign exchange reserves. they can pay their bills for now even as the current account goes negative. resident who may be gambling if this lasts a short time, they could get in and get out without any further consequences, it is worth the risk. >> thank you. mike mckee. ofturn to another region uncertainty. president obama met with netanyahu at the white house yesterday. closelyries that work in the past and he looks cooked -- looks forward to working with the president
Bloomberg
Mar 5, 2014 1:00am EST
on the largest deficit is one that is pretty sudden. they will behind going with the smaller parties and it is like a game of cricket. but they really want to see is to find the stable location that will bring in certainty and bring it back to the table. we will see that by the 16th of may. the upcomingout indian elections. >> when we come back, we will hear more about microsoft and the somebody who knows a thing or two about it. stay with us here on "countdown." ♪ >> welcome back to "countdown." microsoft former chief executive steve ballmer speaking one month after leaving the tech giant and bloomberg was there. for more, let's bring in caroline hyde with the details on what was a fascinating evening. >> wait for it. wait for it. there, on the bottom right. >> bloomberg presents the oxford union debate. with bloomberge having this relationship with the oxford union and he was fascinating. this is the first time he was x ceo. speak as the he is still on the board and one of the bigger shareholders but no longer running a. he spoke very eloquently about the concern that he did not
CNN
Feb 26, 2014 4:00pm PST
loophole and we'll raise taxes on very rich people because we do have a significant deficit and we're printing money and it's time to act responsibly. >> michael far, we appreciate that. still to come, we're watching arizona where the governor is expected to make a major announcement at this hour about the religious freedom bill that we've been talking about. we'll be there live. >>> paula deen with a significant new investment. an announcement to make. is it a sign that america has forgiven her from using the "n" word. >>> what prompted spike lee to go on this profanity ridden rant? >> get the [ bleep ] out of here. no, i can't do that. get the [ bleep ] out of here. i can't do that. nvestment isn't the only return i'm looking forward to... for some, every dollar is earned with sweat, sacrifice, courage. which is why usaa is honored to help our members with everything from investing for retirement to saving for college. our commitment to current and former military members and their families is without equal. ...and let in the dog that woke the man who drove to the control room [
CNN
Feb 27, 2014 1:00pm PST
are sponges. they just soak that up. a 30 million more deficit is hard to make up. and if a black or latino kid isn't ready for kindergarten, he's half as likely to finish middle school with strong academic and social skills. so by giving our kids access to high-quality early education and by helping parents get the cools they need to help their children succeed, we can give more kids a better shot at the career they are capable of and the life that will make us all better off. that's point number one, right at the beginning. point number two, if a child can't read well by the time he's in third grade, he's four times less likely to graduate from high school by age 19 than one who can. and if he happens to be poor, he's six times less likely to graduate. so by boosting reading levels, we can help more of our kids make the grade. keep on advancing. reach that day that so many parents dream of coming close and then you start tearing up and that's when they are walking across that stage holding that diploma. number three, we know that latino kids are almost twice as likely as white kids to be
CNN
Feb 27, 2014 5:00pm PST
on personal character traits, which is you have a deficit of hope and a surplus of hurdles. so they try to deal with the hope part of it. they say let's build you up, build this character up because you have all the hurdles to deal with. i say let's do both things as once. you have to deal with the structural problems, all the things we say that are not really getting covered but they are. because if somebody is predatory lending for mortgages and that's disproportionally black people, that is structural racism. that is a structural violence against the black family, against the black community, against black men. every one of those things, whether it be mass incarceration or disproportionate drug arrests or any of that, violence in schools or suspensions of black boys higher ratio. so we have to look at those and call those out for what they are and say, we have to deal with all of those both what the boys need to do differently but what we need to do differently as a society. >> i also want to bring in boyce watkins founder of your black world.com. boyce some people already on board w
CNN
Mar 4, 2014 10:00am PST
a dime to the deficit. >> the president also wants to expand the earned income tax credit for the working poor without children. his budget would also expand the child and dependent care tax credit and create automatic iras to help workers save for retirement but it's unlikely those plans will get through congress. he needs legislation to enact all of that and that does not look likely. >>> global markets are rebounding today as investors digest the situation in ukraine. even the dow jones flew out of the gate this morning. alison kosik is over at the new york stock exchange. how much have we bounced back today? >> quite a bit. what a difference a day makes. even the s&p 500 at a record high. the dow up 200 points, 205 points. all 30 stocks in the dow are in the green. very different story yesterday. it was a sea of red. we also saw that turn-around happening overseas, all the way -- there were those down arrows we saw yesterday in europe, asia, russia, they all turned up today. analysts say investors today aren't on red alert. it's not such a dire situation. i think when putin spoke and
Bloomberg
Feb 26, 2014 10:00am EST
it will be necessary. one of the goals is to have a deficit neutral budget by 2015. it will be hard for them to achieve that. decreaseto either public spending or privatization. one thing i am concerned about, it looks like we're interested in a transformation right now to more of a sovereign or hedge funds investor base. that is a difficult transition for that government. they will government demanding guarantees. it would also be some of the things attached to it, which may the bond issue doesn't work out and they cannot put together the right budget, people knuckle under and they have to jack up taxes. what would that mean for these kinds of properties? rican's who goo to this resort. will the business the fine regardless? >> a good point. tourism is one of the safe that's right now. there are continued -- everybody isees the economic turn down not about to stop. it will be a difficult time in the next years. that may attract more tourism. tourists is one thing. has he been successful with his plan to attract hedge funders, not to invest their but to move their? complicated more situation and even h
Bloomberg
Feb 27, 2014 6:00am EST
loss since the bailout in 2008. 15 billion-dollar deficit for last year. he calls rbs the industry's least trusted leader, does the ceo. >> the bank. the largest bailout in europe. still owns the vast majority of the bank and is still pulling the strings. >> by the way, wire pros playing in the olympics? >> that is what the nhl is asking -- the players love it. >> the players love it and flagwavers love it, i am not fair -- sure it is fair to college athletes. >> we need to go to the ukraine. we spoke with the new leadership to read good morning. >> good morning. his name is arseniy yatsenyuk, the prime minister designate. inis about it -- to be voted as the interim prime minister of the country for the next few months. parliament is still chewing over this decision. >> how front and center is crimea to the management in kiev? >> very front and center. i was standing in the parliament here in kiev. meanwhile, in the crimea, the parliament had just been seized by a group of about 100 gunmen. i asked the prime minister about that and he said it is the first crisis he has to deal with
CSPAN
Feb 26, 2014 6:00pm EST
to pay for the benefit and their impact on the deficit. work continues when the senate gavels back and live coverage here on c-span2. >> yesterday, senate judiciary subcommittee held a hearing on solitary confinement. minnesota senator al franken has her prisons director, trust e-mail to the question on the sides of confinement. here is more. >> how big is a style? how big is the efforts out in solitary? >> the average size? >> yes, the size of the trends do. how big is that quite this is a human being we are talking about. how big is the cell? >> the average size of a cell -- i guess you are looking for the space? >> yes, the dimensions in feet and inches. the size of a cell that a person is kept in. i want to get some idea. am i asking this wrong? [laughter] i mean -- is what you are saying is there is no such thing as an average cell for solitary? typically, in the bureau of prisons, if someone is in solitary confinement, how big is the cell typically? >> the average size should be equivalent to six by four. >> okay, that is enhanced there. six by four. does a person and -- in t
CSPAN
Mar 1, 2014 2:20pm EST
the chronic deficits in the national flood insurance program. they are sort of undoing their work to provide some relief. on the energy bill, the house is going to be taking up among other things a measure that would restrict the epa's restriction of carbon emissions by coal powered power plants. this is a big change in utilities. it would require any epa carbon solution limits to be based on existing technology. it is going to be a theme this week. there'll be several energy bills, just like there was a theme this last week about .xcessive regulation >> atrial bettelheim with cq roll call, we think you for your look ahead. as always, sir, thanks for your time. >> my pleasure. thanks. told both ase students and as a nation in terms of popular imagination is that there are all kinds of citizens and marches and demonstrations that occur. but they are really done by these famous, iconic people. basically, rosa parks, who was just so tired that she refused to get up from the bus in montgomery, alabama, and sparked a bus boycott, and basically, a young preacher, who even the president referred to
CSPAN
Mar 2, 2014 2:39pm EST
-- with respect to egypt, i think the report documents objectively and in detail persistent concerns and deficits over the course of the year in the previous government with respect to freedom of association, freedom of abusesy, security force and protections of religious minorities. we are working with the egyptian government in trying to offer engagement and support to offer civilian government and inclusive democracy in egypt. >> go ahead, steve. >> i want to ask about the human rights situation for the palestinians under occupation. issued itsernational own human rights report dedicated to the palestinians where it points to an alarming abuse of force in 2013 that resulted in the deaths of twice in 2011 and 2012 combined. we take very seriously seek information from the government of israel about these, the report on the occupied territories reports human rights violations by hamas in significant amounts and by the palestinian authority. it also notes in the case of israeli authority, documentation of excessive force and restrictions on freedom of expression and freedom of movement. i would j
CSPAN
Mar 5, 2014 10:00am EST
budget deficits, and the economy tanked. the problem with barack obama is not that he changed bush's policies but rather that he did not change them. he took the worst of them and doubled down. he's added $6. trillion to the national debt. meaning that i had -- meaning that today's young people will have to pay back $56,000 plus interest per household to their future taxes for nothing more than to pay for this administration's overspending. he seized 1/6 of the american economy that provides our health care and well on the way to wrecking it for millions of american families, costing them their health plans, their doctors, their savings, and their security. his increased annual taxes by -- he's increased taxes, averaging about $4,00 for every household in america. he made a lot of promises that turned out not to be true. he promised that massive government spending would produce prosperity. instead average personal incomes declined $2,00 during his presidency and food stamp dependency's at an all-time high. nearly one in six americans is now living in poverty, including 22% of all
FOX Business
Feb 27, 2014 3:00pm EST
. we do have governor jerry brown having turned what was a pretty significant deficit into a smaller surplus, but a surplus nonetheless. once again, governor jerry brown going to go for it once again, running for re-election. by the way, next wednesday i'm going to california, and we will be with governor jerry brown because he is striking an innovation partnership with the prime minister of israel, benjamin netanyahu. we will have a first on fox business interview with netanyahu next wednesday. stay tuned for that. >> closing bell ringing in 45 minutes. weight loss is a $40 billion industry, and some americans will do or spend anything to shed the pounds. that's why companies like nutrasystem are making handsome profits. they've just come out with numbers that the market didn't love, but the stock is up more than 100% over the past year. dawn has been at the helm of that turn around of nutrasystem. coming in live, first on fox business, we'll ask her about the proposed new labeling of food. >>> and what does blackstone's steve schwartzman have in common with lady georgia and madonna
FOX Business
Feb 28, 2014 2:00pm EST
the days of roman empire. its budget deficit is more than a billion dollars. that is the problem. local officials are pleading for a bailout. the country has other problems. the unemployment rate is highest ever, 13%. landing in south korea where the pastor of the world's largest church has been convicted embezzling $12 million. come on. his megachurch congregation top as million worshipers. each church has rows of atm machines in the hallway. that was dead give away something afoot. he has been given a three-year suspended prison sentence and will mead to pay $5 million in fines. >>> do you ever have too much money? i don't think so. don king doesn't. we'll ask him during the break. we'll be right back. in the new new york, we don't back down. we only know one direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new yk state. move here. expand here. or start a new business here... and pay no tax for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find o
FOX News
Feb 26, 2014 5:00pm PST
. right away there is a deficit, no. >> no the president is not the one doing that there is somebody at a cabinet level who doing most of that work. i think we have seen. we have had secretaries of state, we had condoleezza rice. we had hillary clinton who have been able to interact with these people. >> let me throw this at you because i know this is going to happen. say hillary clinton, and she is the only woman in play right now is elected. you know the chinese are going to test her right away. they are going to move warships into certain areas and they are going to bing bing bing. let's see what we have here. they did the same thing with barack obama. they tested. they tested. they tested. all right, to see what he has barack obama dropped drones on him and i think hillary clinton absolutely would drop drones on them. i think she would probably up the drone drop knowing mrs. clinton. putin is going to do it. chinese going to do it. certainly north korea is going to do it. they will snatch okay americans. they will kidnap them. he they will do all of that just to see how it goes,
FOX News
Feb 27, 2014 4:00pm PST
to president obama giving him votes on things that didn't work. stimulus that didn't work. deficit. affordable care obamacare which is causing real disruptions for american families and american businesses got to put it in a bigger frame i will vote with president obama and work with him when i think is he right and i will work against him when i think he is wrong. but my democrat he opponent. tickly the democrat inel couple bent did nothing but get along and go along with whatever president obama wanted. >> let me ask you about the tea party impact in the u.s. senate. even this tuesday is the senate primary in the state of texas. senator cornyn suspect for re-election. senator cruz is not going to endorse him fellow texan. what's the tea party impact and what's the big picture to senator ted cruz won't endorse his colleague? >> well, it's not just senator cornyn. he has said he won't take a roll -- role in any senate primary this year. not just colleague every race around the country. did he raise money earlier for the senate conservative fund. raising money now for the madison project, both
FOX News
Mar 2, 2014 8:00am PST
attention deficit disorder and the like. >> thank you, twice. see you next week. >> and on media buzz with howard kurtz comes up next right here on fox news channel. have a great day. >> bye, everybody. >>> on the buzz beater this sunday, joe biden starts dropping hints about running for president no matter what hillary clinton does and gets a warm welcome from the media. >>> for vice president? say thank you. >> oh, i'd love that. >> but is there enough skepticism about biden? he will be 74 at election time and is it fair for pundit toes point out that hillary will turn 69 just before the election? stephen colbert makes fun of me for daring to raise the question. >> i know it's rude to talk about a woman's age, but that's not what i am doing. i am talking about people talking about other people talking about other people talking about a woman's age. that's called journalism. >> nice try, stephen. i'll respond to the libale by this comedian. >>> did he shoot himself in the foot? >>> plus, the latest on how the military is covering media showdown between russia and the ukraine. i'
FOX News
Mar 3, 2014 2:00pm PST
. >> the other thing is how weak the ukrainian government is, they have been running deficits, they have almost no money in their treasury. so what do you need to be strong? you need a good economy, right? >> we solved it all. >> next, mitt romney and sarah palin warned years ago about what is happening in russia today. they were mocked by president obama and others on the whole left. we have the tape. >>> and later, stars, selfies, and slices at the academy awards last night. stay tuned for our thoughts on the big show on this big show. your eyes pend on a unique set ofutrients. [ male announcer ] that's why there's ocuvite. ocuvithelps replenish y eye nutrients. ocuvite has a unique formula that's just not found in any leading multivitamin. help protect your eye health with ocuvite. was a truly amazing day.ey,t your eye health without angie's list, i don't know if we could have found all the services we needed for our riley. for over 18 years we've helped people take care of the things that matter most. join today at angieslist.com when jake and i first set out on we ate anything. but in time
FOX News
Mar 4, 2014 6:00am PST
and deficit and entitlement reform and all of those things. this president likes his government super sized. this budget will never balance. and i think the president wants taxpayers to pay more so that washington can spend more >> what i read is he is asking for million in new spending. does that go anywhere? >> i don't think it does. last time he had a budget, not even any of the democrats voted for it. his policies make it harder to get back to work. >> $17.4 trillion is the debt clock. that is ridiculous. in three years from now, you will be $19 trillion? how is that acceptable to anybody? trying balance a book in washington, d.c. >> what we will see is the fastest growing part of the budget is interest on the debt. the president added $6.9 trillion in the debt. this continues to be a driving issue for the country. you know, we are not going to be able to sustain the safety net with this debt and interest. >> i think the viewers get it, too. what other republican options do we have? >> the options are to say let's deal with the issues we know get people back to work. we have a health ca
NBC
Feb 28, 2014 5:00am PST
. officials tour vote on this today. the added money will the deficit of $150 million. >> our team coverage of this rain continues. there's all kinds of things going on a. live look at the weather radar this morning. there is rain everywhere. some is moving eastport. parts are seeing heavy activity. >> good friday morning to you. we're finding out if the politician who is promised to give back some of their salaries during last fall's government shutdown actually followed through. "the washington post" released a report showing at least 116 of the 244 lawmakers who said they'd return their pay or donate to the charity, actually did. together they donated almost half a million dollars to charity or back to government accounts. here's the look at what some of our local leaders did. representative john garamendi donated $11,000. >> jackie speier $3500 to several food banks. eric swalwell had his pay withheld and barbara boxer donated an undisclosed amount of money to the red cross. dianne feinstein gave $10,000 to the consortium of catholic academies. >> if you are headed out the door maybe ho
NBC
Mar 1, 2014 7:00am PST
to that list. with a looming deficit of $142 million, golden gate bridge direct e directors consider the first toll hike since 2008. on the table a plan to raise tolls a buck and fastrak would rise to $6 and nonfastrak to $7. >>> we reached the point that the driver as a cash cow has reached the level of it has no more moo left. >> reporter: this morning a steady stream of drivers spoke out against the increase some even breaking into song. ♪ i got ripped off on my way to san francisco ♪ >> reporter: bridge officials say the increase is needed to pay for bridge projects and maintenance as well as subsidize the district's bus and ferry service. >> the tolls are the workhorse of the organization. they do keep 25% of traffic off the golden gate bridge during the morning commute. >> you go back east and the washington bridge $13 each way. people seem to be able to handle that. >> reporter: commuters like susan deluxe of tiburon think the toll hike will keep plenty of drivers off the bridge. >> the impact is that people will go into the city less. they won't rec reiate in marin county as often.
ABC
Mar 5, 2014 5:00am PST
rain of it, it will keep the deficits from growing but won't shrink them at all. day planner, good morning. mainly cloudy. scattered sprinkle, temperatures in the low to mid-50s. by noon a gray day. may be rain following. i don't think much will reach the ground until noon. noon to 4:00, the north bay will see the steadier rain develop. throw mid-60s. during the evening commute, the rest of us get rain. very mild. mid-50s to low 60s. rain will fall heaviest during the evening, early overnight hours. not heavy rain, but the steadiest rain is what i should say. drizzle tomorrow morning. by the afternoon hour, mostly cloudy. low to upper 60s. friday and saturday, high clouds, sunshine, low to mid-60s at the coast. the rest of us flirt with 70 degrees. kristen, eric. >> thank you. >>> next, president obama is heading to connecticut. why he's asking the rest of the united states to follow that example. >>> and the climate issue putting avocados as risk. >>> and new at 6:00, thousands of people go up in flames right here in california, where the post office is telling customers this morn
ABC
Mar 5, 2014 6:00am PST
lucky. numbers, 7 inches in san jose to 16.75 inches in santa rosa. deficit now. the rain today will hopefully keep that ddeficit from buildin not decrease it at all. l low to mid-50s. marrying everybody else except alameda. 57 degrees the warm spot right now. temperatures tomorrow that will be slightly cooler than today. this because of the cold front pushing through and a little wind shift. around 6 0 at the coast. 70, high clouds and sunshine around the bay and inland friday and saturday and low to mid-60s at the coast. more rain is on wait for the back half. weekend. that's coming up in your accuweather seven-day forecast. here's kristen and eric with more news. >>> and the bush dynasty. the win for one of the youngest members of america's best known political family. >>> first, more than 100,000 pieces of mail go up in flames right here in california. this morning, the advice the post office is giving to people who may have lost their letters and packages. >>> and caught on camera. an art thief tries to get eway wi away with a pricey painting but wasn't thinking about a qui
KOFY
Feb 28, 2014 9:00pm PST
trying to cover a 142 million dollar budget deficit. also several board members went on record today saying the district need to look at ways to use toll money to help fund suicide barrier. take that up at the next board meeting in march. >> well this week rain still is not enough to end the worst drought in state history by any means it helps however. this is video of phoenix lake reservoir in marin county. officials say reservoir there are at 70% of capacity. usually about 88 percent this time of year. they will reevaluate in april but officials say because of the rain it's unlikely they require mandatory rartion okay meanwhile the customers will be asked to voluntary reduce water by 20 percent. that never hurts right. >> and the weather service announced that as of today we have now moved from the worst drought in california history to the second worst drought. so still bad but at least we are now financially moving in a more positive direction in terms of the rain. spencer is tracking even more of it from live doppler 7hd and roof of the broadcast center. >> that's right. i
MSNBC
Feb 26, 2014 7:00am PST
a surplus when he finished his presidency that was turned into a record deficit by the republican president that succeeded him, so we are looking forward to having surrogates like president clinton and others stump for our candidates all across the country, and this week at the dnc meeting, we're going to be making sure that we can continue to focus on continuing our progress and helping to add value to elect democrats up and down the ballot. >> yeah. it is an interesting balance, as i mention, president clinton doing the stumping, hillary clinton doing a foreign policy event, she is down in florida today. these are not midterm stumping events. they've found a division of labor within the family for now. dnc chair debbie wasserman shultz, thanks for your time today. >> thanks, ari. >>> coming up, two years ago tonight, a story we all remember, trayvon martin was shot and killed. a tragedy that sparked a national conversation. we're going to talk about that case and the implications that continue to shape a lot of policy discussions. >>> but first, before we get to that, we have here today a
MSNBC
Feb 27, 2014 1:00pm PST
knows babies are sponges. they just soak that up. a 30 million-word deficit is hard to make up. and if a black or latino kid isn't ready for kindergarten, he'd half as likely to finish middle school with strong academic and social skills. so by giving more of our kids access to high-quality early education and by helping parents get the tools they need to help their children succeed, we can give more kids a shot at the career they're capable of and a life that will make us all better off nap's point number one right at the beginning. point number two, if a child can't read well by the time he's in third grade he's four times less likely to graduate from high school by age 19 than one who can. and if he happens to be poor, he's six times less likely to graduate. so by boosting reading levels we can help more of our kids make the grade. keep on advancing. reach that day so many parents dream of until it comes close and then you start tearing up and that's when they're walking across the stage holding that high school diploma. number three, we know that latino kids are almost twic
MSNBC
Mar 3, 2014 12:00pm PST
the biggest deficit of our lives since the cold war ended. >> pressure is on the mid-west to do something. >> this will get worse before it gets better. >> you got to believe it's over. >> we have to be in this for the long haul. >> it's now unclear just what the west can do about it. >> john kerry arrived in ukraine tomorrow. >> putin is not going to back off this w
MSNBC
Mar 4, 2014 10:00am PST
to the deficit. >> house budget chairman paul ryan already come out swinging against the plan. yet another disappointment and added the president has three years left in his administration and seems determined to do nothing about our fiscal challenges. that's paul ryan. this budget isn't a serious document he says. will this budget proposal help flagging republican opinion of president obama's track record. we turn now to financeer and former treasury official and cnbc economic analyst steve radener. thank you for being here. >> thanks for having me. >> i wanted to start out with your gut reactions to this. is it the expanded credit for low income workers? >> this is a policy statement of what he believes should happen in the budget, more spending on things like the earned income tax credit which is today's headline but also things like infrastructure and pressing needs. he wanted to put out what he believes in and indeed what the democrats believe in in advance of mid-term elections. >> you have a background in private equity yourself and roll with a crowd of people most affected by the c
MSNBC
Mar 4, 2014 1:00pm PST
a lot of money, in part, due to the sequester, and it's led to lowering and lowering the deficit. if you put that in the context of what the budget proposal suggests, it's only a modest increase in spend, talking about 56 billion, like you mentioned, split between defense, nondefense, and it's paid for. we established that the budget agreed to by patty murray and paul ryan, those spending levels stay in place, and you'll use a few other tax hike is to par for $56 billion to relieve s sequestrati sequestration. we have a piece coming up that shows nih will be funded at 30.2 billion. that, in real term money, equivalent to the level that george w. bush funded nih in 2002. we're not making people whole. we're lagging pretty badly. but as if you were to look at what republicans are saying, this is the most reckless spending possible. >> sam, on that note, the president say, our budge it is about choices, about values and this is expected to go nowhere, it's a moral document in the most sort of clear fashion from the white house. at the same time, you know, the president puts this out there a
MSNBC
Mar 5, 2014 2:00pm PST
that get talked about was the significance reduction in the deficit that comes from passing the farm bill. and i wish we could do immigration because there is another $58 billion to be saved it if we were to pass the immigration bill. so all of these bills are not just bills to deal with an apparent problem, but also have tremendous positive impact on our economy and senator reid is correct, if he could get that money, we've already passed the farm bill, so that money is there and it could be used to offset whatever the costs would be to unemployment. though i don't believe you ought to do that. this is an emergency. you ought to treat it as an emergency and not worry about finding a way to pay for it at this particular jupncture. >> dent partment of health and human services has told americans if they like their health insurance, they can keep it another two years. affordable care act compliance is being changed, be extended. doesn't this cut to the spirit of the what you and break it dolaw and break it down is this one rope we passed health care is to get standards in the insurance indu
PBS
Mar 1, 2014 12:00am PST
it was not a contributor to overall debt deficit. so i wanted to look at both access and containment. and he said i did it because he worried if he didn't do it then, there would never be no chance to do it. >> i think that's right. that has to do a lot with the book i'm writing about that so i looked at that pretty carefully. what i don't think he was able to do, and i use the term able very carefully because the political climate of getting even this bill passed was so tough. he had no extra votes. was to do much about containing costs. so the good news is that many of the thousands of people who wrote to me after the first article about horror stories being forced into bankruptcy or moving their loved ones because they couldn't afford healthcare. a lot of that has been fixed. >> rose: in terms of trying to get different ends meet and getting it through congress, on balance did they choose the right program. did they essentially put together what was necessarily for political consensus and get it through the congress. there were rnlt a lot of republican votes. >> i think they could have done it di
PBS
Mar 4, 2014 12:00pm PST
issue of our time, attention deficit disorder,
FOX
Mar 4, 2014 5:00pm PST
're going to keep squeezing the middle class or continue to reduce the deficits responsibly. >> president's plan is already being met with resistance on capitol hill. house boehner says it spends and borrows taxes too much. >>> benjamin netanyahu will be in the bay area this weekend. in which he is featured. when mr. netanyahu visits the area, he'll meet with governor brown. he's expected to visit apple headquarters in cupertino and the messaging company bought by facebook. >>> now to california's drought and tonight the crisis has one bay area city considering some extreme measures. the city council is expected to approve a plan this evening that could possibly double what it normally spends on water and ktvu's rob roth spoke to family. they will have to pay more for water. rob. >> residents have been asked to conserve water by as much as 20%. even so, their water bills could soon go higher. to save water, coleen mixes super hot water from her kitchen with cold water from the bathroom to wash her face. that way she doesn't have to waste water by running the tap until it warms up. and she
PBS
Mar 3, 2014 3:00pm PST
can see is there is a deficit in theiar in the ae middle frontal cortex of kids who have ptsd. >> brown: in the developing brain of a child, ptsd can discourage learning. >> so the issue we have with chronic stress, it manifests as a ptsd syndrome or disorder is that some of the areas that are affected are areas that we need for our learning. for example, brain centers that process memory, brain centers that process executive function are particularly vulnerable. so ptsd can have an effect in how children learn brown. >> brown: according to carrion, up to 30% of children who live in low-income, high poverty neighborhoods will show symptoms of p.t.s.d. for every child in our school who acts out, i can look to something in their life that's not working. every single time there's a concrete and sad story about why this child doesn't get what they need. >> bring your arms up, put your left leg around your knee. >> brown: by teaching children to pay close attention to breathing and movements, the medical student hopes they're better prepared to concentrate. >> the principal try to
PBS
Mar 5, 2014 3:00pm PST
of the city as a whole so that we instead of seeing elderly new yorkers as a deficit, as a problem to be solved. instead we say the world is fundamentally a changing place, we're living longer, were living healthier and older new yorkers now are here in numbers that have surpassed anything in history. >> sreenivasan: one key ingredient to the initiative is listening to seniors, according to ruth finkelstein of the new york academy of medicine. she leads the initiatives private sector efforts. >> everything we do is grounded in the perspectives and voices of older adults. the first thing that they have to realize is we don't stand in the shoes of the people that were addressing and that we need first and foremost to understand the city through their perspective. >> sreenivasan: the program is now up and running in all five boroughs, including manhattan, where we met up with ed and sarah aarons. they cant imagine living anywhere but here. >> and i can't conceive of having the facilities and conveniences and the excitement as other places. >> the only two places he would like to live
CNBC
Mar 5, 2014 1:00pm EST
has about a $20 billion deficit in energy. most of that comes from russia. one of the main aims -- >> does ukraine have its own domestic sources of energy? >> not much. >> it could. it?x'eeds to be developed. >> i just read a story where that gas company is going to be pulling back, part of their effort to diversify. they tried to do that. one of the aims of western reform will be to get rid of the domestic fuel subsidies, bring it up to a more western level. what does that mean? it means helping pay the bills of average ukrainians. that bill is from russia. if it's rubles or -- no matter how many consonants are in the currency it's still fungible. >> they are in arears by more than $1.5 billion. that first payment goes directly to gas. >> let's talk about another couple stories on your beats. first with you and china, and you maintain that possibly, possibly china is facing a bear stearns kind of moment. >> the first corporate bond defaults in chinese modern history. remember, they didn't issue corporate bonds for a long time because they were communist. there were no corporate
CNBC
Mar 4, 2014 3:00pm EST
progress made. if we just take a year in review. so, a year in review, in terms of deficit reductions. when the budget came out last year, it was predicted $1.1 trillion. it was 680 in the end. about a $400 billion deficit reduction from 2012 to 2013. then, we have a situation where i think hopefully we've broken the fever on the issues of having conversations about default. >> money that's overseas. are there efforts to bring money overseas permanently back to the states? >> it depends on how one is talking about that. we want to create a system that is clear and that is helpful for our companies to know what they're doing, how they're doing. and not discourage investments from coming back and finances from coming back to the u.s. >> tell me about going from bettenville, arkansas, in the private sector, back to the government. >> walmart is an institution of execution. that is what it is certainly known for. and fortunate to spend time and to be there. coming back to the federal government, certainly, as you reflected, one has to work and work on both sides of the aisle. i go up and down t
CNBC
Mar 5, 2014 3:00pm EST
of the deficit. if there are things we can do in the administration, the old politics over policy, i think certainly in energy, certainly in several other key areas if we had a better view on policy versus politics, i think we'd see some more robustness. you look at the jobs that are created out of energy and the fracking business, you know, the average employee in theç marcellus, $95,000 a year. 1.3 million jobs, $63 billion in additional tacks. energy independence is at the heart of getting this gdp up and running. >> growth cures all evil. it's great to see you. >> thank you for the opportunity. >> really appreciate it. >>> we have some breaking news now. bertha coombs, what can you tell us? >> the white house says it's going to allow -- to extend the current customers in the transitional plan yaal plans fo two years. 1.5 million individuals and small businesses. they will be renewable through 2016. also boosting 2015 deductibles and out of pocket costs by 4% and they're extending the open enrollment period for an extra month next year to february 15th. now, the white house deflected
CNN
Mar 5, 2014 3:00am PST
in new tax. he cuts the military greatly in my opinion not for deficit reduction but for more domestic spending. it just shows the priorities have moved farther to the left and the point i'm trying to make here we have three years left of this administration and we have divided government. normally in a situation like that you would try to fine common ground, work forward common ground. he's moving away from that and tacked hard to the left. yes you could say that's because we're in an election year and that may be why. it's happening nevertheless. i don't know the reasons but he's moving to the left and it makes it hard to bridge to the gap. >> democrats will say they have tried to extend a hand and have not been reciprocated. >> we have a budget agreement. i want to see us build on that success. >> give me a preview of what the paul ryan budget will look like. in years past a lot of the saving have come from overhauling medicare and medicaid. are those proposals include in the paul ryan 2015 budget. >> those programs are going bankrupt and need to be restored, need to be solvent beli
Al Jazeera America
Mar 2, 2014 6:00am EST
in the second half. the cowboys overcoming a deficit, shooting 64% from the field. the finals 72-65 osu. virginia continues to be one of the surprise teams. they beet syracuse outscoring the orange. celebrating an amazing season on senior day in charles otsville. the cavaliers had the first out right a.c.c. title in 33 years. the orange dropped three of their last four. >> on the links, tiger woods is trying to make noise after barely making the cut at the honda classic. woods beginning the third round it 11 shots behind rory mcilroy. china charged up the board, posting seven birdies. woods jumped 49 spots. seven behind the leader entering the final round. >> finally tempers flare in the english premier league. the manager, al-alan pardew ped butting david meyler. he wassest jected and -- he was ejected and finned $168,000. >> sydney's gay and lesbian community celebrated the mardi grass parade. more than 10,000 watched the spectacle. the australian navy band marched alongside secondly clad dancers. [ ♪ music ] >> crowds filled the streets of rio de janeiro for its mardi gras parties
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